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Key Facts
Key facts for 578 WATERLOO Street
Property Type
House, 2-Storey
Parking
None 0 garage, 3 parking
MLS #
X12441252
Size
1500-2000 sqft
Basement
Unfinished,Partial Basement
Listed on
2025-10-02
Lot size
33 x 165.0
Tax
$5,331 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm. An amazing investment opportunity offer...ing a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage! Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper floor 2 bedroom unit currently rented for $2,100/month plus hydro. Both A+ tenants. Basement currently rented as storage for $200/month. Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars. Zoning: R3-2 (allows up to 4 units for potential increased income), OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio!
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